Dormant Bank Account | Inactive Bank Account | Dormant Account Activation Process

How to Activate Dormant Account?
What Is A Dormant Account?
As per the Bank's policy, a Current or Savings Account is considered dormant if there has been no customer-initiated transaction for a
period of one year. For security purposes, the Bank exercises increased caution on all such accounts. This dormant marking is in
accordance with AML CFT guidelines of State Bank of Pakistan and is mentioned in Account Terms and Conditions.
Limitation on Dormant Account:
Customer initiated Debit/withdrawal transaction is restricted on dormant account. However, bank-initiated transactions e.g. debits under
the recovery of loans /mark-up etc. any permissible bank charges, government duties or levies are allowed. Proceeds of inward foreign
remittances will invariably be credited in dormant accounts without changing its dormant status. On the other hand, if cash or a cheque is
deposited for outward clearing or funds transfer in dormant account, it may be credited without changing the dormant status of customer
account unless the customer is personally present and fulfills all formalities for account activation.
How To Activate Your Dormant Active?
To activate your dormant account, please submit an additional request form for dormancy removal by visiting your parent branch (in person) along with your original valid CNIC (for individual accounts) and for bio-metric verification.

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